More stuff on the CBS-SEC TV deal…

per Barnhart’s blog today.

First off, for those that think the conference has made an unwise financial decision with regards to the length of the deal, consider this:

I spoke to Slive again last night. You could hear him smiling through the phone. “We’ve got some work left to do but this is big for our conference,” he said. “But this is very important step for the Southeastern Conference. We are all very happy.”

Slive didn’t fall off the turnip truck yesterday.  Financially speaking, at least, this hasn’t been a guy who’s known for making dumb moves.  If he’s that ecstatic over the deal, I suspect it’s pretty favorable for the SEC.

Barnhart believes the CBS deal sounds the death knell for an SEC TV network.  However, interestingly enough, he thinks it’s likely to encourage ESPN to step up and take in the rest of the slack.

… When I talked to Slive Thursday night he insisted that all options “are still on the table” when it comes to the possibility of the league forming its own TV network like the Big Ten.

I have no inside information but I don’t believe it will happen for one reason: The SEC doesn’t need it now.

The league obviously got the deal it wanted from CBS, giving them an exclusive national broadcast for the next 15 years. ESPN loves putting the SEC in prime time and will step up to the plate. I’m hearing ESPN would like to own the rest of the SEC’s TV rights and then be able to sell what they don’t need back to folks like Raycom, who will do the 12:30 p.m. games. To do that, ESPN would have to pay a premium. Keep your eye on that one.

Bottom line:  Fox is screwed.  For a long, long time.

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4 Comments

Filed under It's Just Bidness, Media Punditry/Foibles, SEC Football

4 responses to “More stuff on the CBS-SEC TV deal…

  1. Good. I’d rather have Chick-fil-A Presents The Three Daves Kentucky Or Vanderbilt Or Ole Miss Game Of The Week than anything having to do with FOX.

  2. NM

    Yep, even JP/LF/Raycom’s worst day is about like Fox’s best.

    Based on Slive’s reaction, I’m wondering if this deal approaches billion-dollar territory. To tie up your flagship product and keep it off the market that long would seem to require some allowance for inflation (both of real money and of football rights) over that period.

    I also wonder if this stipulates that the SEC game be a national broadcast, not regional (guarding against a hypothetical future scenario where, say, the Big 12 would leave ABC for CBS). I hope it does, even if there’s little to no chance of that happening.

  3. To tie up your flagship product and keep it off the market that long would seem to require some allowance for inflation (both of real money and of football rights) over that period.

    Another possibility is that the SEC has an opt out provision that can be exercised a few years into the deal.

  4. mdr

    This is such good news. Fox having the rights to SEC broadcasts would be a nightmare. They’ve already tried to ruin the BCS, leave our conference alone!